2. ( /15 Points) Fiscal Policy and Graphing Practice (Topics 3.6-3.8) a. Explain the difference between discretionary and non-discretionary fiscal policy. Explain the difference between expansionary and contractionary fiscal policy. Give examples of each. ( 15 ) b. Draw a set of graphs using aggregate demand, aggregate supply, and LRAS to show both a recessionary gap and an inflationary gap. Explain how fiscal policy can be used to close each gap. What shifts on the graph? (_ 15) c. Draw another set of graphs showing recessionary gap and an inflationary gap. Explain what happens to both graphs in the long-run without government intervention. What shifts on the graph? ( 15 )